SOLUSD is trading rising wedge. long or short ?SOLUSDT is moving rising wedge pattern.
On the chart, I marked the strong support zone 20.00. it is worth paying attention. we can see that the price is forming a squeeze to this zone.
The short-term target on the chart is the nearest support line 35.2 ~ 37.5 and the liquidity zone 48.50, the medium-term target is 54.07, the long term target is 77.30
Solanausdt
Solana long after low retestIf the market gives an opportunity to buy at 26 $ , it would be a good entry for long .
Wait for a pullback.
From another hand , if we break above the resistance (red line) , it could be an opportunity to go long too.
Currently price remains below the resistance so no entry.
SOLUSDT -Why Solana Is The Biggest Scam💀Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
In this video analysis, we discuss potential ways to still make money with SOLUSDT / Solana , even though the fundamentals for this coin is pretty much non existent at this point. Read on if you're interested in some of the latest news on this altcoin, as well as why many developers call it a scam.
After yet another attack earlier this week, Sol is trading -21% lower. Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets sees more than $8 million stolen. The Solana ecosystem has once again encountered a widespread exploit targeting Solana wallets that have been ongoing since Wednesday. Phantom and Slope, two Solana-based wallet services, initially flagged the attack on their social media platforms. A handful of commentators noted that attackers had gained access to user private keys, as transactions were signed on the chain legitimately.
This BEGGS the question - why is Solana targeted so often?
Solana could be replaced with a SQL database at this point, you’d get as much scalability as you want, and there would be no tradeoff in decentralization because the chain has none, to begin with. People who create new cryptocurrencies don’t want to get rid of the banks; they want to be the first to get to the bank. It’s been said here before, but Solana is a scam. It's almost as if it was built to be vulnerable, and no one is saying it. In the crypto world full of anons, opportunists and phenomenal hackers - would it really be a surprise if this was an inside job? Takes me back to MT Gox...
Solana clearly wasn't built in the makings of a blockchain, which is decentralized by definition. If you have a ledger that can be rolled back at the discretion of an influential group of authorities, then it’s a glorified database being run by a glorified bank. Solana has a closed validator set, a closed-source protocol, and a literal Discord channel where it's openly and explicitly scheduled network shutdowns with validators whenever it became inconvenient to fight D/DoS attacks.
Does this seem like a good investment to you? HOWEVER - this is crypto after all. If you have a high appetite for risk, you could always treat it like a meme coin and hope your funds will be there when you want to withdraw your profits...
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Solana Analyze (Road Map)(update)!!!🗺️Solana moved as I expected in my previous 👇(Profit:+45%💪)
Solana is running in Descending Channel. I tried to use Elliotte's wave theory to show you the Road Map🗺️ of Solana.
Solana Analyze Analyze (SOLUSDT) Daily Timeframe ⏰ (Log Scale)
It seems Solana could find the end of Main wave 4 in the resistance zone. And if Solana breaks the support line, we can verify the end of main wave 4.
Also, I showed you the end of Main wave 5(zones) in my chart.
🔴Bad news: Ongoing Solana attack targets thousands of crypto wallets, costing users more than $5 million so far.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Solana to breakout in 7 daysI've been studying this rounded bottom and its important demand zones, already taken some profits of an entry I did earlier. I want to share new entries as trend continues to be bullish and becoming parabolic. Currently sitting at 200MA support and only waiting for confirmation of this being the new demand zone, if this happens we can almost guarantee a breakout to the upside. Entries at 40.5, 39.5 and 38.5 , stop loss at 34.23 and targets you can spot those in the diagram.
Do your own research !
Solana (SOL) formed bullish Cypher for upto 11.50% pumpHey dear friends, hope you are well, and welcome to the new trade setup of Solana (SOL) coin with Bitcoin pair.
Recently I shared a long-term trade plan for SOL, which is still in play:
Now on a daily time frame, SOL has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Trading Signal For SOLUSDT SolanaTrading Setup:
A Trading Signal is seen in the SOLUSDT Solana.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 41.80
⭕️SL @ 38.90
🔵TP1 @ 50.27
🔵TP2 @ 57.60
🔵TP3 @ 70.50
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
Solana (SOL) 12Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
SOL/USDT UPDATE :-
Solana failed to break above $47 despite several attempts to date. Now, the price is back at this key resistance level after a sustained rally from the key support at $40.
The price has also formed a large ascending triangle (in blue) and is quickly approaching the end of this formation, which will make a breakout very likely. The question is if SOL can manage to move above the key resistance at $40 and allow the price to rally higher towards $47.
While this formation gives a bullish bias, Solana has been left behind compared to other cryptocurrencies like ETH. For example, while ETH has made a higher high, Solana has failed to produce it. This shows weakness. Nevertheless, a break above the triangle appears more probable in the current market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#Solana To $70 then $80Looking very good indeed. And not ruling out higher targets once these are made.
But only once a clear structure presents itself.
The caveat being this move is a strong reaction post absolute carnage, and you should be booking profits on your doubles and triples if you have been long from lower levels.
We don't need to call THE bottom... but we can take advantage of up moves. Taking it a level at a time.
Putting ourselves in stronger positions to take advantage of any declines post reaction to this past crash.
#Crypto's are momentum led.
with momentum leading prices in my experience.
SOL USDThello guys this is my trading idea about SOL .
MY idea if we want stay on bullish trend on daily time frame we have to make another HL
IF we do LL so i will considering our bullish trend is end for the moment on daily time fame
if like my trading idea please like and share and follow
Thanks Turtle Trader .
SOL falling wedge pattern. Forecast where the price will go?#sol
▪️ Deadline for the deal is 7 days. Solana has formed a Falling Wedge pattern. On the graph, he depicted what the working out will look like!
In order not to miss a buy signal, subscribe and stay tuned for new ideas. Every day I post 10 profitable ideas a day.
Trading Signal For SOLUSDT SolanaTrading Setup:
There is a Trading Signal to Buy in SOLUSDT Solana
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 42.90
⭕️SL @ 40.39
🔵TP1 @ 50.56
🔵TP2 @ 56.93
🔵TP3 @ 66.35
#cryptosignal #Crypto
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
SOLUSDT 12h Medium-term trade - our target $79Last week, we published the idea of the SOLUSDT trading pair, where we highlighted the main liquidity zones for the last 2 years.
Over the past week, the SOLUSD price has been consolidating above the important price zone $30-31. Even yesterday, when they tried to spill prices in the entire cryptocurrency market, the buyers of the Solana token were able to hold the SOL price.
This behavior of buyers and sellers at SOLUSDT chart price allows us to take a medium-term long position under the following conditions:
Entry 33,11-33,51
Stop 27,84
TP1 - 58,80
TP2 - 78,84
By the way, yesterday we already published the conditions for the selection of two medium-term long positions:
AVAXUSDT:
SANDUSDT:
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
SOLUSDT 12h Solana +35% growth in 6 days and this is not the endToday we will update info about our medium-term SOLUSDT trade.
After an 8-10 month downward trend, it is hard to believe in growth, but the fact is that in just 6 days the Sol price increased by 35%
The first strong resistance level of $50 is very close.
We assume that consolidation may begin below it before continuing the upward movement.
Therefore, it is worth making a decision based on what type of trade you practice, whether the profitability is sufficient for you, how large the size of the position is, etc.
At the moment, it seems logical to partially fix the profit on the long position of SOLUSD, before the levels of $50, $59 and $79
The growth pattern is relevant if, the nearest days, buyers do not allow the Solana token price to fall below $41.
Subscribe to us and always receive timely updates on the technical analysis of cryptocurrencies.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)